Tuesday, October 23, 2012

Capitalism vs. Socialism Debate

Though I haven't watched the video of this 1984 debate between Drs. Peikoff and Ridpath (representing capitalism) and Drs. Vickers and Caplan (socialism) in decades, I remember it as a tour de force from Dr. Peikoff. You wouldn't know it by the outcome, but the defenders of socialism were credible figures, not hacks. Highly recommended! (The link is to part 1, the subsequent parts are found on the sidebar to the video.)

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Ideas cannot be fought except bymeans of better ideas. The battleconsists not of opposing, but ofexposing; not of denouncing but of disproving; not of evading,but of boldly proclaiming a full,consistent and radical alternative.
-- Ayn Rand